ht equipment on January 2 2024 for $15.000 The equipment was expected to remain in service for four years and to operate for 2,400 hours. At the end of the equipment's useful life, Crackling estimates that its residual value will be $3,000 The equipment operated urs the third year and 480 hours the fourth year hedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods straight-line, units-of-production and double declining balance Show your computations Note The depreciation schedule zation schedule using the straight-line method Schedule Depreciation for the Year Depreciable Useful Depreciation Accumulated Book Cost Lite Expense Depreciation Value 21000 18000 4 years 4500 4500 16500 8000 4 years 45001 9000 12000 18000 4 years 4500 13500 7500 4 years 4500 18000 3000 18000 - ht equipment on January 2 2024 for $15.000 The equipment was expected to remain in service for four years and to operate for 2,400 hours. At the end of the equipment's useful life, Crackling estimates that its residual value will be $3,000 The equipment operated urs the third year and 480 hours the fourth year hedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods straight-line, units-of-production and double declining balance Show your computations Note The depreciation schedule zation schedule using the straight-line method Schedule Depreciation for the Year Depreciable Useful Depreciation Accumulated Book Cost Lite Expense Depreciation Value 21000 18000 4 years 4500 4500 16500 8000 4 years 45001 9000 12000 18000 4 years 4500 13500 7500 4 years 4500 18000 3000 18000